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FBI Charges 30 Individuals for Insider Trading Tied to Law Firms

BeInCrypto
The FBI has charged 30 people for a decade-long insider trading scheme that stole confidential information from major US law firms.

Summary

The FBI Boston Division has indicted 30 individuals involved in a decade-long insider trading ring that allegedly generated tens of millions of dollars in illicit profits. The defendants reportedly accessed confidential data regarding mergers and acquisitions from prominent US law firms and traded on this information before it became public. Conspirators used encrypted communication and overseas brokerage accounts to facilitate the scheme, which authorities view as part of a broader effort to maintain market integrity across both traditional and digital asset classes.

(Source:BeInCrypto)